40 Monument CirIndianapolis, IN 46204

For Sale
$28,000,000

Prestigious Indianapolis mixed-use trophy asset.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 139,906 square foot, Class A mixed-use property located at 40 Monument Circle in Indianapolis, Indiana. The seven-story building, constructed in 1998, sits on a 0.746-acre lot in the heart of the city's central business district (CBD1 zoning). Currently configured as office and retail space, this owner/user investment offers significant potential. The building boasts an impressive floor plate of over 24,000 rentable square feet, allowing for flexible leasing options up to 100,000+ square feet. The expansive three-story lobby provides a unique opportunity for high-end retail or restaurant development. With unparalleled views and prominent signage rights on Monument Circle, this property offers exceptional visibility in a highly walkable and vibrant downtown area. The asking price is $28,000,000, translating to $200 per square foot. This landmark property presents a rare chance to acquire a prestigious mixed-use asset in a prime Indianapolis location. The building's central location within the state capital and major business hub ensures high tenant demand and strong investment potential.

Highlights

  • 139,906 SF Class A mixed-use building in Indianapolis, IN.
  • Located at 40 Monument Circle in the CBD, on a 0.746-acre lot.
  • Seven-story building (1998 construction) with over 24,000 SF floor plates.
  • Offers flexible leasing options up to 100,000+ SF; three-story lobby ideal for high-end retail/restaurant.
  • Prominent Monument Circle location with exceptional visibility and signage rights; $28,000,000 asking price ($200/SF).

Property Details for 40 Monument Cir

Property type
Other mixed-use properties, Mixed-use properties
Class
A
Year Built
1998
Buildings
1
Stories
7
Lot Size (sq. ft)
32,496 SF

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.7679365
Longitude
-86.1588814
40 Monument Cir, Indianapolis, Indiana

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40 Monument Cir
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